CARENasdaqNational Commercial BanksFiscal year ends December 31
Carter Bankshares, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 6, 2026
$29.75−0.46 (-1.52%)
Close on Oct 19, 2026
- Market cap
- $649.70M
- P/E (TTM)
- 5.1
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2018 to 2025
Net margin
154.4%+409.3 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | +4.6% | +3.5% | +2.5% | – | |
| Net income | +27.9% | -14.5% | – | – | |
| EPS, diluted | +30.2% | -12.1% | – | – | |
| Free cash flow | +10.4% | -21.2% | – | – |
Returns and balance sheet
8 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2018 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | – | -10.0% | 7.8% | |
| Return on assets | – | – | 0.7% | |
| Capex to revenue | – | 56.3% | 39.7% | |
| Diluted shares | – | 26M | 22M |
Where the cash went
Fiscal 2021 to 2025, five years combined
Carter Bankshares generated $271.86M from operations and spent $119.86M on capital expenditure, dividends and share buybacks. 34% of that went back into the business.
Generated
$271.86M
Used
$119.86M
Capital expenditure$40.36M34%Dividends$00%Share buybacks$79.50M66%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin154.4%
×Asset turnover0.00×
×Equity multiplier11.83×
=Return on equity, FY20257.8%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | 154.4% | 0.00× | 11.83× | 7.8% |
| FY2024 | 126.3% | 0.00× | 12.47× | 6.7% |
| FY2023 | 135.4% | 0.00× | 12.82× | 6.9% |
| FY2022 | 273.4% | 0.00× | 11.33× | 13.6% |
| FY2021 | 180.7% | 0.00× | 9.81× | 7.5% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
6of 6 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero$31.36M
- Cash generatingOperating cash flow above zero$39.86M
- Return on assets improvedROA up on the prior year0.5% → 0.7%
- Earnings backed by cashOperating cash flow above net income$39.86M vs $31.36M
- Less leverageLong-term debt to assets fell– → –
- Better liquidityCurrent ratio rose– → –
- No dilutionShare count did not rise23M → 22M
- Gross margin improvedGross margin up on the prior year– → –
- More efficientAsset turnover rose0.00 → 0.00